Peter Amend

Oct 2, 2024 | mondaq.com | Douglas Mintz |Peter Amend |Matthew Hamparyan

On Sept. 10, 2024, the US Court of Appeals for the Third Circuit struck down a Delaware bankruptcy court ruling that a solvent debtor could pay its noteholders' interest at the lower federal judgment rate (a codified and typically lower interest rate), as opposed to a higher contract rate, and that the debtor need not pay contractual "make-whole" payments.

Sep 26, 2024 | mondaq.com | Douglas Mintz |Peter Amend |Robert Brown

In their article published in the Journal of Bankruptcy Law titled, "Southern District of Texas Bankruptcy Court Finds LME Transactions Violated Credit Agreement, But Limits Recovery to Potential Claim in Robertshaw Litigation," Schulte Roth & Zabel partner Doug Mintz, special counsel Peter Amend and associate Robert Brown discuss a bankruptcy court decision holding that a prepayment of a term loan debt violated the plain terms of the credit agreement.

Jul 9, 2024 | mondaq.com | Douglas Mintz |Peter Amend |Robert Brown

On June 20, 2024, Judge Christopher Lopez of the United States Bankruptcy Court for the Southern District of Texas issued a highly anticipated decision rejecting one lender's ("Lender Defendant") request to void a prepayment made by the borrower, Robertshaw, to Lender Defendant in December 2023.

Jul 8, 2024 | srz.com | Douglas Mintz |Peter Amend |Robert Brown

AlertsOn June 27, 2024, in a highly anticipated ruling, the Supreme Court held that the Bankruptcy Code does not authorize the release of claims against non-debtors without the consent of affected claimants in a ruling springing from the Purdue Pharma bankruptcy.

Feb 5, 2024 | mondaq.com | Douglas Mintz |Peter Amend |Abbey Walsh

In two opinions issued earlier this month, Judge Marvin Isgur of the Bankruptcy Court of the South District of Texas denied motions for summary judgment. The movants sought to ratify and validate Wesco's uptiering transaction that resulted in the payment, subordination and lien stripping of Wesco's existing pre-exchange notes.